I have had my Best Buy Reward Zone Mastercard now for a year and it was stuck at a 300 dollar limit the whole time.
Today I called in and was able to get a $500 credit limit increase to bring it to a total of an 800 dollar limit.
This has been a great month for my credit so far:
Got approved for $1700 Bill Me Later Account
Got a $500 and a $250 CLI on my Capital One Cards
Got Approved for an Discover IT card with a $1500 limit
Closed my Credit One account.
And now a CLI from my Best Buy Reward Zone Mastercard.
I know I have said it 100 times but thanks to MyFico for providing these forums and thanks to all the members for all the great advice.
Congrats on the nice increases.
Who underwrites Best Buy credit cards? Would like to open an account with them if Cap1 is not involved. Kinda messed up with cap1 several years ago doubt they will extend me credit again.
Cap one just sold them to citi and they will take over later this year.. It's not worth getting tbh
Why not worth getting?
I was told it was a soft pull, I will find out tomorrow if any new inquiries report.
Low credit lines and high annual fees for the best buy mastercard.. It's lower tiered than that of its store card counterpart and all CLIs are HPs and most aren't more than 500 dollars. Not really worth it . I called to try to cancel my card the other day and the other thing that swayed me was that they waived my annual fee for the year.
Very good reasons to carefully consider if it's a wise choice.